Kratos Defense & Security Solutions, Inc. KTOS was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $12.81 –$15.47 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen a mixed track record when it comes to estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Kratos currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Kratos Defense & Security Solutions, Inc. Price
Kratos Defense & Security Solutions, Inc. Price | Kratos Defense & Security Solutions, Inc. Quote
A better-ranked stock in the Aerospace – Defense Equipment industry is AeroVironment, Inc. AVAV, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
KTOS going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
AeroVironment, Inc. (AVAV) : Free Stock Analysis Report
Kratos Defense & Security Solutions, Inc. (KTOS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research